Author Archives: Paul Ausick

Follow Paul here:
Google+
Blue flames of a gas stove

Natural Gas Supply Improving Slowly

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 49 billion cubic feet for the week ending April 18, compared with an expected ...
Read Full Story »
semiconductor

Qualcomm’s Prospects Better Than Quarterly Results

When Qualcomm Inc. (NASDAQ: QCOM) reported second-quarter results after markets closed on Wednesday, the company's share price dropped 4%. The chipmaker beat earnings per share (EPS) estimates, but missed on ...
Read Full Story »
shipping boxes

Amazon Now Tackling Costco and Sam’s Club?

Earlier this month, Amazon.com Inc. (NASDAQ: AMZN) launched a new grocery delivery system challenging the country's largest supermarket chains. Now Amazon is equally quietly taking aim at warehouse stores with ...
Read Full Story »
3M_logo

3M Earnings Fall Short

3M Co. (NYSE: MMM) reported first-quarter 2014 results before markets opened Thursday. The conglomerate posted diluted earnings per share (EPS) of $1.79 on revenues of $7.8 billion. In the same ...
Read Full Story »
Caterpillar Grappler

Caterpillar Earnings Set Pace for New 52-Week High

Caterpillar Inc. (NYSE: CAT) reported first-quarter 2014 results before markets opened Thursday. For the quarter, the heavy equipment firm posted adjusted diluted earnings per share (EPS) of $1.61 on revenues ...
Read Full Story »
Verizon logo

Verizon’s Earnings Just Make the Grade

Verizon Communications Inc. (NYSE: VZ) reported first-quarter 2014 results before markets opened Thursday. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.84 on revenues of $30.8 ...
Read Full Story »
micro chip

Qualcomm Revenues Stall

Qualcomm Inc. (NASDAQ: QCOM) reported second fiscal quarter 2014 results after markets closed on Wednesday. The chipmaker posted adjusted diluted earnings per share (EPS) of $1.31 and revenues of $6.37 ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Couldn’t Pull Markets Up

April 23 2014: Markets opened lower on Wednesday following the worst report on new home sales since last July. Profit-taking seemed to be the order of the day in the ...
Read Full Story »
82153568

U.S. EPA Lists Nation’s Top Renewables Users

The U.S. Environmental Protection Agency (EPA) released on Wednesday its list of the top 100 organizations in the county that “are choosing to use electricity from clean, renewable sources like ...
Read Full Story »
USPS Sorting Center

Can Staples Break the Postal Service?

Union workers for the U.S. Postal Service (USPS) plan to protest a deal between the Post Office and Staples Inc. (NASDAQ: SPLS) that was struck late last summer and has ...
Read Full Story »
Four Seasons 757

Four Seasons Launches Flying Luxury Hotel

Four Seasons Hotels & Resorts has launched its flying luxury hotel schedule for 2014. A round-the-world trip for two on the customized Boeing 757 will set you back $119,000 per ...
Read Full Story »
Solar rooftop installation

SunPower Shines With Google in Residential Solar

SunPower Corp. (NASDAQ: SPWR) announced Wednesday morning that it would join with Google Inc. (NASDAQ: GOOGL) to provide up to $250 million in new financing for residential solar installations. Google ...
Read Full Story »
153715598

Refinery Activity Could Thwart Rising Gas Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.5 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
home prices

March New Homes Sales Collapse

The U.S. Census Bureau Wednesday morning released data on new single-family home sales for March. Sales fell 14.5% month-over-month to a seasonally adjusted annual rate of 384,000 from an upwardly ...
Read Full Story »
coffee

Rising Coffee Prices Threaten Profits

Since the end of January, coffee futures have jumped from around $1.20 a pound to trade near $2.16 a pound on Wednesday for July futures. Coffee prices have not been ...
Read Full Story »